The Central Bank of Nigeria (CBN) says it is not in support of jailing Nigerians hoarding dollars, as suggested by the President Muhammadu Buhari-led federal government. Speaking at a press
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The Department of State Services (DSS) raided bureau de change (BDC) operators in Kano on Friday. Those targeted were the ones selling above N400 per dollar. The security agency had
Sterling staged a vicious rebound against the Dollar during trading on Thursday following October’s extraordinary 1.9% rise in retail sales which questioned if the ongoing Brexit woes had any negative
Dollar bullish investors stole the show during trading on Monday with the Dollar Index surging to eleven-month highs at 100.00 as expectations intensified over the Federal Reserve raising US interest
Oby Ezekwesili, former vice-president of the world bank, says the raid of the Department of States Services (DSS) on the
The Department of State Services (DSS) on Thursday raided the foreign exchange parallel market in Lagos and Abuja, arresting dealers
The naira on Monday fell freely at the official interbank market to exchange at N350 to a dollar from N328
The naira on Friday weakened against the dollar at the parallel market, nullifying the N5 it gained on Thursday to
Femi Adesina, special adviser to the president on media and publicity, does not agree that Nigerians are unhappy with President
Muhammad Sanusi II, emir of Kano and former governor of the Central Bank of Nigeria (CBN), says the naira, at
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